DyDx is a decentralised exchange running on the Ethereum Blockchain. Next to conventional spot trading DyDx offers more sophisticated trading products such as margin trading and perpetuals.

If you don’t know what these terms mean this is the perfect episode you as Antonio explains it in very simple terms in the episode.

We also talked about how DyDx works, about its plans to migrate to a Layer-2 solution, about potential plans to introduce a governance token and how it views the recent crackdown of Bitmex, a crypto exchange offering similar products to Bitmex but in a centralised fashion, by the US government.